CGI (NYSE: GIB) (TSX: GIB.A) has been selected by the Finnish Food Authority to continue developing and maintaining the Finnish Land Parcel Identification System (FLPIS), which supports the calculation of national and European Union farm subsidies paid by the Finnish Food Authority. Under this new agreement, CGI will deliver satellite imagery, artificial intelligence (AI), and cloud computing technologies to help the Authority improve the performance of FLPIS through advanced farmland monitoring and data processing across Finland. The contract is valued at approximately EUR 10 million.
"It is vital that farm subsidies are paid to Finnish farmers on time and in the right amounts," said Matti Puolimatka, Director-General of the Finnish Food Authority. "Ensuring that this happens requires technology-reliable databases and accurate, up-to-date registration data. FLPIS is a critical system in this respect, which is why we need a partner with the know-how and capabilities to deal with any scenario. CGI has delivered well for us in the past, and we are pleased they were able to submit a competitive tender for this important ongoing work."
The Finnish Food Authority pays both national and EU farm subsidies in Finland, and FLPIS provides data for calculating subsidies. The amount of aid depends on the area under cultivation, and FLPIS is a hub of geometrical farmland data.
"There were more than 50,000 individual beneficiaries last year alone. Through our managed services partnership with the Authority, our development and maintenance of FLPIS enables these payments to Finnish farmers to be made on time and in the most efficient way possible," said CGI's Mikko Uotila, Vice-President, Central Government in Finland.